Changed Risks for International Flavors & Fragrances (IFF)

Here are risks that changed year over year. risks from the recent filings of International Flavors & Fragrances. Our algorithms work hard to highlight risks unique to this company.

If we are unable to successfully market to our expanded and decentralized Taste and Frutarom customer base, our operating results and future growth may be adversely affected

Economic uncertainty may adversely affect demand for our products which may have a negative impact on our operating results and future growth

We may not realize the benefits anticipated from the Frutarom acquisition, which could adversely affect our business

If we are unable to successfully establish and manage collaborations, joint ventures or partnerships that lead to development or commercialization of products, it could adversely affect our growth

Our incurrence of additional debt to pay the cash portion of the Frutarom consideration increased our financial leverage and could adversely affect our future cash flows and cost of capital

Our business may be negatively impacted as a result of the United Kingdom’s expected departure from the European Union in 2019

If we are unable to comply with regulatory requirements and industry standards, including those regarding product safety, quality, efficacy and environmental impact, we could incur significant costs and suffer reputational harm which could adversely affect results of operations

Our funding obligations for our pension and postretirement plans could adversely affect our earnings and cash flows

Changes in our tax rates, the adoption of new US or international tax legislation, or changes in existing tax laws could expose us to additional tax liabilities that may affect our future results

The Frutarom acquisition resulted, and may continue to result, in significant charges or other liabilities that could adversely affect the financial results of the combined company